The Tennessee Education Lottery Corp. has had a record year with $1.4 billion in sales for fiscal year 2014. According to the lottery, this year’s sales provided more than $337 million for targeted education programs. Those include college scholarships and grants, after-school programs for children and an initiative to make schools more energy efficient.
In all, the lottery has provided more than $3 billion for education since ticket sales began a decade ago. It has funded more than 800,000 grants or scholarships since 2004. More than 100,000 grants or scholarships were awarded just in the past academic year.
This was the 10th consecutive year of increased sales for the lottery. The corporation attributes this year’s sales growth to the introduction of 47 new instant ticket games.